Brown - the view from Madrid

"But once the storm clouds clear in the City, and the economic parameters begin to improve, the Labour Party is going to have to face the drama of not only accepting the fact that Brown is on the way out, but also that the New Labour movement that brought Blair to power in 1997 after 18 years of Tory rule is now hollow and disoriented, and appears to have no other aim in sight than to tear itself apart".

Sounds about right. Not sure about this though:

"The next British general elections are to be held, at the latest, in March 2010, though it is now taken more or less for granted that the date will be brought forward to the spring or summer of next year, and that by that time there will be a new Labour leader".

Betfair has odds of 42 for this year, 9/2 for next year, and 1/2 for 2010.